Russian Federation vs Timor-Leste: New business density
Russian Federation
2.28 new registrations per 1,000 people ages 15-64
in 2024
Timor-Leste
2.34 new registrations per 1,000 people ages 15-64
in 2022
Russian Federation rank
89th
Timor-Leste rank
87th
New business density over time
- Russian Federation
- Timor-Leste
How they compare
Timor-Leste currently reports 2.34 new registrations per 1,000 people ages 15-64 against 2.28 new registrations per 1,000 people ages 15-64 in Russian Federation, a difference of 0.06 new registrations per 1,000 people ages 15-64.
The two have swapped places 4 times across 15 shared years of data; in 2008 it was Russian Federation ahead.
Russian Federation ranks 89th and Timor-Leste ranks 87th of 177 countries.
Across the 3 decades both report, Russian Federation averaged higher in 2 and Timor-Leste in 1.
Head to head by decade
| Decade | Russian Federation | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.29 new registrations per 1,000 people ages 15-64 | 1.4 new registrations per 1,000 people ages 15-64 | 1.89 new registrations per 1,000 people ages 15-64 | Russian Federation |
| 2010s | 3.49 new registrations per 1,000 people ages 15-64 | 3.55 new registrations per 1,000 people ages 15-64 | 0.0591 new registrations per 1,000 people ages 15-64 | Timor-Leste |
| 2020s | 2.34 new registrations per 1,000 people ages 15-64 | 1.85 new registrations per 1,000 people ages 15-64 | 0.494 new registrations per 1,000 people ages 15-64 | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Russian Federation or Timor-Leste?
- Timor-Leste, at 2.34 new registrations per 1,000 people ages 15-64 against 2.28 new registrations per 1,000 people ages 15-64 in Russian Federation as of 2022.
- What is the difference in new business density between Russian Federation and Timor-Leste?
- 0.06 new registrations per 1,000 people ages 15-64, with Timor-Leste ahead.
- How many years of comparable data are there for Russian Federation and Timor-Leste?
- 15 years are reported by both, from 2008 to 2022.
- How do Russian Federation and Timor-Leste rank globally for new business density?
- Russian Federation ranks 89th and Timor-Leste ranks 87th of 177 countries.
- Where does this data come from?
- Entrepreneurship Database, World Bank (WB), published as New business density (new registrations per 1,000 people ages 15-64). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.